GYIE Cross-border signs strategic cooperation agreement with Jiangyin Huaxi Chemical Wharf Co., Ltd.

On the morning of September 28th, 2016, Shanghai GYIE Cross-border E-commerce Co., Ltd. (hereinafter, “GYIE Cross-border”) officially signed strategic cooperation agreement with Jiangyin Huaxi Chemical Wharf Co., Ltd. (hereinafter, “Jiangyin Huaxi”) at the GYIE conference room. The attendees at the signing ceremony were GM of Jiangyin Huaxi, Yuan Gengsheng, business manager, Wu Hongjun, and GYIE Cross-border CEO Ju Aiwei, deputy GM of business center, Shen Bin, GM of warehouse logistics center, Xu Chunhua, warehouse director of warehouse logistics center, Zhou Haisheng. With Jiangyin Huaxi’s joining, the warehouse logistics service function of GYIE platform has been strengthened in the liquid chemical products field and enables our platform customers to enjoy a more convenient high quality service. 

At the following symposium, GYIE Cross-border CEO Ju Aiwei expressed that, GYIE high valued the cooperation with Jiangyin Huaxi, and the successful development of GYIE should be contributed to all GYIE staff’s efforts and the cooperative enterprises’ support, but this was only the beginning, it was because that GYIE’s future development needed to collaborate with the enterprises that inside the industry and sharing a common goal like Jiangyin Huaxi to progress together and realize the goals that had been early set. 

At the symposium, GM of warehouse logistics center, Xu Chunhua, introduced the innovative significance of GYIE cloud warehouse to petrochemical warehousing industry with emphasis on warehouse receipt service. The high credit warehouse receipt for bulk commodity, jointly created by GYIE Cross-border and China Warehouse Receipt (CWRE), was the first of its kind in China with three major advantages, including, first, activating existing stock, that is, to make the owners’ petrochemical stock become highly liquid warehouse receipts after billing, certification, insurance, value-insured, second, improving the warehouse credit, that is, to match the warehouse material with warehouse receipts one by one after certification and publicity so as to make the warehouse credits meet the international standards, third, lower expense rate and high insurance, that is, PICC and CPIC provide insurance coverage of 10 trillion yuan at one insurance period for online warehouse receipts. 

At the end of the symposium, both parties agreed to conduct further cooperation in new projects and expressed strong confidence in the future collaboration.